Should California return its High Speed Rail money?

This LA Times cover story yesterday describes the activities of California Republican Representative Jeff Denham (Atwater) and Kevin McCarthy (R-Bakersfield), who hope to claw back the money already awarded from the Feds–about $3 billion. It’s not just a clawback–it seems from the story they’d like the money reallocated to highways for the Central Valley.

I suspect the proposal has quite a bit of support, even among some Dems, as the consequences would be obvious: more money for us!

I think at this point that Brown has to get a credible commitment out of the legislature for the remaining funds, or else the money should revert–but not with a fat earmark for the Central Valley. And they have to find a way to get credibility back for CalHSR.

It would be a bit ironic, and not in a good way, if the hsr project, which has been justified largely on its contributions to environmental improvements, wound up acting as the budgetary compost for a ton of highway projects. Ouch.

Here are some of my comments in a story about the new HSR cost estimates in a story by David Futch of the LA Weekly.